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Super funds demand test overhaul to free $50b for VC, private equity

Super funds demand test overhaul to free $50b for VC, private equity

Australia's superannuation sector is demanding that Treasurer Jim Chalmers overhaul a controversial performance testing regime and in return promise that $50 billion will be invested into start-ups and private companies in the next five years to support jobs and economic growth.
The nation's $4.2 trillion superannuation sector has made submissions to the federal government's productivity roundtable, pushing for the overhaul of the testing regime that applies to its members. The mid-August summit will inform the Albanese government's second-term goal of lifting stagnating productivity and living standards.
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Albanese backs Victorian push to legislate right to work from home
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  • Sydney Morning Herald

Albanese backs Victorian push to legislate right to work from home

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Twelve judges resign from literary awards after fellowship sinking
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